SEBI Assistant Manager Recruitment 2020

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sebi assistant manager 2020 notifications

SEBI Assistant Manager Notification 2020

Securities and Exchange Board of India (SEBI) has been released Assistant Manager 2020 recruitment in official notifications. The total numbers of vacancies are 147 in different streams are General Stream, Legal Stream, Information Technology Stream, Engineering Stream, Research Stream and Official Language Stream.

Securities and Exchange Board of India (SEBI), is a statutory regulatory body established by an Act of Parliament, to protect the interests of investors in securities, to promote the development of and to regulate the securities market.

IMPORTANT DATES TO REMEMBER

Activity Important Dates (SEBI redserves the right to make any change in these dates)
On-Line Application and Payment of fee On-Line March 07, 2020 to March 23, 2020
Availability of Call Letters on SEBI website (for On-Line Examinations) Will be intimated by email/SMS
Phase I On-Line Examination April 12, 2020
Phase II On-Line Examination May 03, 2020
Phase III Interview Dates will be intimated

* Paper – 2 of Phase II for Information Technology Stream shall be held separately, the details of which shall be available on SEBI website (www.sebi.gov.in) in due course.

Click Here to Download SEBI Official Notifications

SEBI invites applications from Indian citizens for the post of Officer Grade A (Assistant Manager) for the General Stream, Legal Stream, Information Technology Stream, Engineering Stream, Research Stream and Official Language Stream. SEBI reserves the right to fill up the posts or not to fill up the posts at all.

Stream

Number of Post

UR

OBS SC ST EWS

Total

General 32 22 12 6 8 80
Legal 12 12 6 2 2 34
Information Technology 8 8 3 2 1 22
Engineering (Civil) 0 0 1 0 0 1
Engineering (Electrical) 2 1 1 0 0 4
Research 3 1 0 1 0 4
Official Language 1 0 0 0 0 1

Age Limit (as on 29/02/2020):

A candidate must not have exceeded the age of 30 years as on February 29, 2020 i.e., candidate must have been born on or after March 01, 1990.

MODE OF SELECTION:

Mode of selection shall be a three-stage process i.e. Phase I (on-line screening examination consisting of two papers of 100 marks each), Phase II (on-line examination consisting of two papers of 100 marks each) and Phase III (Interview).

Phase I On-Line Examination:

An online screening examination consisting of two papers (Multiple Choice questions of 100 marks each) will be held on April 12, 2020. The exam will consist of:

Paper Streams/ Subjects Maximum Marks Duration Cut off
Paper 1 All Streams: Multiple choice questions on the subjects viz. General Awareness (including some questions related to Financial Sector of easy to moderate difficulty level), English Language, Quantitative Aptitude and Test of Reasoning. 100 60 minutes 30%
Paper 2 General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics. 100 40 minutes 40% Legal, Information Technology, Engineering Stream (Civil & Electrical), Official Language stream: Multiple choice questions on Specialized subject related to stream.

Research Stream:- Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce.

100 40 minutes 40%
Aggregate Cut off 40%

i. There shall be negative marking (1/4th of marks assigned to the question) for the Paper 1 and Paper 2 in Phase I.

ii. There shall be a cut-off of minimum 30% for Paper 1 (no sectional cut-off shall be there) and a cut-off of minimum 40% for Paper 2 in Phase I.

iii. Candidates would need to secure separate cut-off in each paper as mentioned at (ii) above as well as aggregate cut-off marks of 40% in Phase I exam to be shortlisted for Phase II. Marks obtained in Phase I shall be used only for shortlisting the candidates for Phase II examination process and will not be counted for final selection of the candidates.

iv. Subject to the criteria mentioned at (iii) above, all the candidates who clear Phase I shall be shortlisted for Phase II. List of candidates shortlisted for Phase II will be made available on SEBI website. Syllabus for the papers in Phase I is available in the Annexure to this advertisement.

Click Here to Apply Online for SEBI Assistant Manager

Phase II On-Line Examination:

An on-line examination consisting of two papers of 100 marks each will be held on May 03, 2020. The papers shall be as follows:

Paper Maximum Marks Duration Cut off Weightage
Paper 1 All streams: English (Descriptive Test) to test the drafting skills 100 60 minutes 30% 1/3rd Paper 2 General Stream: Multiple choice questions on subjects Commerce, Accountancy, Management, Finance, Costing, Companies Act and Economics. 100 40 minutes 40% 2/3rd
Legal, Engineering Stream (Civil & Electrical) and Official Language stream: Multiple choice questions on Specialized subject related to stream.

Research Stream:- Multiple choice questions on subjects Economics, Econometrics, Statistics, Finance and Commerce.

100 40 minutes 40% 2/3rd
Aggregate Cut off 40%

Note:- The details with respect to Paper – 2 of Phase II for Information Technology Stream shall be made available on SEBI website (www.sebi.gov.in) in due course.

Interview: Only the shortlisted candidates will be called for interview. Application fee shall not be refunded to the candidates not shortlisted for Phase II and Interview. Candidate may opt for interview either in Hindi or English. Weightage of marks obtained in Phase II will be 85%, while marks obtained in interview shall be given a weightage of 15%.

SERVICE CONDITIONS/ PAY AND ALLOWANCES:

Probation: The successful candidates recruited for the post of Officer Grade ‘A’ shall undergo probation of two years. The candidates shall be confirmed in the services of SEBI subject to their satisfactory performance during the probation period.

Pay Scale: The pay scale of officers in Grade A is Rs. 28150-1550(4)-34350-1750(7)-46600-EB-1750(4)-53600- 2000(1)-55600 (17 years). Presently, the gross emolument including SEBI’s Contribution towards National Pension Scheme (NPS), Grade Allowance, Special Allowance, Dearness Allowance, Family Allowance, Local Allowance etc. at Mumbai at the minimum of this scale is approx. Rs. 1,07,000/- p.m. without accommodation and Rs. 73,000/- p.m. with accommodation.

Benefits: Other benefits viz., Leave Fare Concession, Medical Expenses, Eye Refraction, Education Allowance, Financial Dailies, Book Grant, Briefcase, Conveyance Expenses, House Cleaning Allowance, Staff Furnishing Scheme, Scheme for Purchasing Computers, Subsidized Lunch Facility and all other benefits as admissible to an Officer in Grade A in SEBI.

Accommodation: Residential accommodation would be provided subject to availability.

Posting: The incumbent may be posted and transferred to any location in India where SEBI has its Offices. The recruited officers may be posted to any department of SEBI, irrespective of stream.

APPLICATION FEE (NON-REFUNDABLE)

Category of Applicant Amount of Fee (Non-refundable)
Unreserved/OBC/EWSs Rs. 1000/- as application fee cum intimation charges
SC/ ST/ PwBD Rs. 100/- as intimation charges

Separate on-line application for each stream will have to be made with requisite fee for each application to be paid as well.

!!! All the Best !!!

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